Coaching Singapore

The Power of Goal Setting and Achievement

“A goal properly set is halfway reached.” – Sam Walton, founder of Walmart

Have you ever wondered why some people seem to achieve so much while others struggle to get through their daily to-do lists? One key difference often lies in setting goals. Goals are like the steering wheel of a car, guiding you in the direction you want to go. Without them, it’s easy to wander aimlessly.

Why is Setting Goals So Important?

Imagine setting out on a journey without a destination. You might end up somewhere interesting, but it’s more likely you’d waste a lot of time and energy wandering around. Setting goals gives you a final destination and a clear path to get there. This not only boosts your confidence but also maximises your efforts and time.

Goals help us focus. When you have a clear target, you can manage your resources better and make decisions that push you toward your desired outcome. They also keep you motivated, especially during tough times, because you have something concrete to strive for.

When Should We Set Goals?

There’s no perfect time to set goals, but generally, it’s great to set them:

– At the start of a new year or month

– After completing a major project or event

– When you feel stuck or in need of a new direction

These times provide a natural break and a chance to reflect on what you want next. However, the best time to set a goal is as soon as you realise you want to achieve something specific.

What Happens When You Don’t Set Goals?

Without goals, it’s easy to lose focus. You might find yourself spending time on things that don’t matter much in the long run. It’s like being adrift at sea; you keep moving but don’t really get anywhere. Not setting goals can lead to frustration, a lack of direction, and feeling overwhelmed because you don’t have priorities to guide your actions.

What Are Good, Helpful Goals?

Good goals are clear and lead you towards positive outcomes. They should be:

Specific: Clear and well-defined. For example, “Save $1,000 by December” instead of “Save some money.”

Measurable: You need to be able to track your progress. Like losing 10 pounds in three months.

Achievable: Realistic enough that you can actually reach them.

Relevant: Related to your bigger life plans or values.

Time-bound: Have a deadline to keep the urgency.

An example of a good goal could be, “Read 12 books in a year to improve my knowledge on personal finance.”

How to Set Good Goals?

Setting goals that are achievable and realistic involves a few key steps:

  1. Think Specific: Narrow down exactly what you want to achieve. Instead of saying, “I want to be healthier,” say, “I want to eat three servings of vegetables daily.”
  1. Break It Down: If the goal is big, break it into smaller, manageable steps. Want to run a marathon? Start by running short distances and gradually increase your mileage.
  1. Set Deadlines: Deadlines create urgency. Setting a date by which you must achieve your mini-goals and the final goal keeps you moving forward.
  1. Write It Down: This makes your goal more tangible and real. Plus, it’s a constant reminder of what you aim to achieve.
  1. Review and Adjust: Regularly check your progress. Are you on track? If something isn’t working, figure out why and adjust your plan.

When Should We Change or Abandon Our Goals?

Sometimes, even with the best intentions, a goal may no longer serve us. It’s okay to change or abandon goals when:

Your circumstances change: What made sense last year might not make sense now.

The goal isn’t leading you where you thought: Maybe achieving it wouldn’t actually help you in the way you expected.

It’s out of your control: If achieving the goal is dependent on things you can’t influence, reconsider it.

It’s not about giving up but rather redirecting your effort towards something more practical or rewarding.

Setting and achieving goals is a powerful process. It helps you focus, measure progress, stay motivated, and achieve what you want in life. Remember, the journey to achieving goals is just as important as setting them. Each small step you take is a building block to your success. So, set your goals wisely, keep adjusting as needed, and enjoy the journey to your achievements!

“If you aim at nothing, you will hit it every time.” – Indra Nooyi, former CEO of PepsiCo

Comment: Is there any tip/hack that you have personally used in order to learn things quickly which has not been covered in this blog?

Let me know in the comment section below, I would love to hear your stories.

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